back-arrow

Back to EOR

Employer of Record In Greece

Employer of Record In Greece

Skuad's Greece EOR (Employer of Record) solution helps your business expand into Greece without the need of an entity setup. Our unified and automated global HR platform enables you to expedite the onboarding of your remote team, manage their payroll, benefits etc. compliantly. We help you streamline the global expansion process with the able assistance of our international network.

Contact Skuad

Employment In Greece

In Greece there are several employment regulations for companies situated there or are planning to set up a business. Before expanding your business, you will need expertise in the employment and business laws of the country. And what can be better than to partner with an EOR that knows all local laws and explains them to you as well.

Skuad’s Greece EOR (Employer of Record) solution assists companies from across the globe to enter the Greek market. Our unified and automated global HR platform expedites the onboarding of remote teams and manages administrative activities such as payroll and employment contracts.

Greece employment laws apply both to foreign nationals and their citizens. The majority of Greek labor laws favor the employees. Let us understand in detail the employment laws in Greece for citizens and foreigners.

Entitlements Explanations
Statutory Working Hours
  • 40 hours per week
Overtime Eligibility
  • Overtime can be extended upto 45 hours per week for 5 days working and 48 hours per week for 6 days working.
  • Statutory increase of 20% is calculated on the hourly salary for overtime.
Weekly Rest Period Between 7 work days, a rest period on Sunday is given.
Paid Public Holidays
  • New Year’s Day (January 01)
  • Epiphany (January 06)
  • Clean Monday (March 15)
  • Greek Independence Day (March 25)
  • Orthodox Good Friday (April 30)
  • Protomagia (May 01)
  • Orthodox Easter Day (May 02)
  • Orthodox Easter Monday (May 03)
  • Orthodox Pentecost (June 20)
  • Holy Spirit Monday (June 21)
  • Assumption Day (August 15)
  • National Anniversary Day (October 28)
  • Christmas Day (December 25)
  • Synaxis of the Mother of God (December 26)
Maternity & Paternity Leave
  • 8 weeks before and 9 weeks after the birth of the child.
  • 2 days paid leave is entitled to father.
Social Security System
  • IKA - ETAM Social Insurance Institute insures workers in the public and private sector.
  • It covers sickness, maternity and pension benefits.
Annual Leave
  • It depends on the length of the employment.
  • 1st year- 20 working days if the business operates in a 5 day working system.
  • 2nd year- 22 working days if the business operates in a 5 day working system.
  • In each following calendar year, employees are given their normal annual paid leave from 1 January of each year.
Medical Leave
  • Sick leave depends upon the length of service by employees in an organization.
  • Employees working upto 4 years 1 month
    Employees working from 4 to 10 years 3 months
    Employees working more than 10 years 4 months
    Employees working more than 15 years 6 months
    Other Leave
    • Marriage leave: 5 working days
    • Leave for children’s school grading: 4 working days are allowed for each child not older than 16 years old. This leave can be used by one of the parents.
    • Bereavement leave: 2 working days in case of death of husband, wife, parents, child, brothers.
    Compensation In Greece, employees are given a monthly minimum wage and bonuses are very common which are paid on Christmas and Easter specially.
    Employment Protection & Anti Discrimination Rights
    • Employment contracts may be in writing or oral. Only some cases require a written contract such as for part time workers.
    • Precedential Decree provide details which needs to be mentioned in written contracts.
    • Employees are protected against discrimination as per principle of equal treatment for which they can file suit.
    Confidentiality of Personal Information In Greece, GDPR is implemented which protects the data of individuals and entities while processing personal data with the detailed guidelines for carrying out the process.

    Contractors vs. Full-Time Employees

    Greek law provides for an employee classification. There is a difference between employees and workers based on the nature of services. Workers offer physical strength services whereas employees offer intellectual services. Employees with exceptional skills performing managerial and supervisory functions are classified as managerial employees.

    In Greece, the most common employment contracts are full-time contracts drawn for an indefinite period. Part-time contracts are relatively uncommon. A fixed-term contract is limited to 36 months and is allowed only for contractual work.

    Employees are protected against dismissals. Dismissals are prohibited during an employee’s annual holiday and women are given special protection during pregnancy and postpartum. Specific procedures must be followed, according to the laws, for dismissal of trade union officials, employees conscripted for military services and people with special needs hired on special regimes.

    Talk to Skuad for a detailed discussion on how to proceed with hiring contractual or full-time employees for effective payroll management and business compliances.

    Hiring In Greece

    In Greece, the state supports employment programs through the Greek Manpower Employment Organization (OAED) and promotes employment of the people under the age of 25 or the long unemployed by reading labor costs. Before an employee starts working, the organization needs to register certain information about the employee in the online information system namely ERGANI.

    Hiring for jobs takes place through advertisements and job portals such as skywalker.gr, kariera.gr, jobsite.gr, gr.jooble.org, randstad.gr and more. While interviewing a candidate in Greece, it is important to know about the limitations on background checks. If you are collecting any personal data for an employee, it must be limited to data absolutely required for assessing the candidate for a particular job. If conditions are not followed then there are penalties according to the GDPR regulations.

    Greece focuses more on health and safety obligations. Therefore, if an organization employs fewer than 50 employees, one safety technician should be hired by the employer, and organizations having more than 50 employees must hire an occupational physician. If any organization breaches their obligations related to health and safety, heavy civil penalties, administrative penalties (it includes closure of business) and criminal penalties are levied.

    Skuad will help to solve your issues related to recruitment of employees in your organization by taking care of employment laws and payroll management. Connect with us for more clarifications on employee management.

    Probation & Termination

    Probation Period For the first 12 months, employment contracts are considered as probation periods which can terminate without notice and severance pay.
    Notice for Termination of Employment According to the Greek employment laws, after 12 months the minimum notice periods are:
    Employment Term Notice Period
    1-2 years 1 month
    2-5 years 2 months
    5-10 years 3 months
    Over 10 years 4 months
    If termination takes place without notice by the employer, then he must pay the full severance payments and if it takes place with prior notice then the employer needs to pay half the amount of the severance pay.
    Severance Pay Severance pay scale for employees is as follows:
    Number of years Gross salary of
    1-4 years 2 month
    4-6 years 3 months
    6-8 years 4 months
    8-10 years 5 months
    10 years 6 months
    11 years 7 months
    12 years 8 months
    13 years 9 months
    14 years 10 months
    15 years 11 months
    Over 16 years 12 months
    Severance pay scale for workers is as follows:
    Number of years Gross salary of
    1 - 2 years 7 days wages
    2-5 years 15 days wages
    5-10 years 30 days wages
    10-15 years 60 days wages
    15-20 years 100 days wages
    20-25 years 120 days wages
    25-30 years 145 days wages
    Over 30 years 165 days wages

    EOR Solution

    Partnering with Skuad’s Greece EOR solutions will ensure smooth expansion of your business and take your load off the HR function. Don't shy away from making your best business decision. Why burden yourself with an in-house team when you can tie up with an EOR to manage it all.you can easily rely on Skuad’s EOR services help all types of business enterprises in handling their day-to-day HR tasks at international level, payroll processing activities, tax filing, visa requirements and compliances in an accurate manner and at a considerable cost.

    General Employer of Record Service Terms

    Taxes that apply to invoices Standard VAT rate of 23%.
    Minimum duration of service Minimum duration of service depends upon the length of employment as mentioned in the section of probation and termination above.
    Currency Accepted Euros (EUR)
    Required Details and Documents

    For Greek Citizens: Personal information, ID proof, residential proof, CV, bank details, job details

    For Expatriates: Personal information, job details, educational qualifications, technical qualifications, CV, copy of passport, copy of ID, Bank details, photographs, Employment contract, medical insurance coverage while in Greece, criminal background check from nearest police station

    Types Of Visas in Greece

    Visa Category Explanation
    Uniform Schengen Visa (USV)

    This type of visa stands for a permit in one of the Schengen Area member countries to transit or reside in the desired territory for a period upto the maximum of 90 days to 6 months starting from the date of entry.

    It includes two categories A and C. Category ‘A’ is for Airport Transit Visa which allows one to travel through the international zone of the Schengen country’s airport without entering the Schengen area.

    Category ‘C’ is a short term visa which allows its holder to reside in the Schengen area for a visa validity time period.

    Limited Territorial Visa (LTV) This type of visa allows you to travel only in the Schengen States.
    National Visa (D) This category of visa is granted to individuals who are studying, working or permanently residing in one of the Schengen countries.

    Work Permits

    Skuad’s EOR solution can help you to get a work visa in Greece. Some of the important things to keep in mind for National Visa (work-permit visa) are as follows:

    • In order to apply for Visa D, the form shall be submitted duly signed by the applicant.
    • The passport holder should have travel medical insurance, which should be valid till the period of stay.
    • Applicants must submit a medical fitness certificate from the authorized health department.
    • Applicant’s criminal record must be mentioned if any.
    • The duration of Visa D is longer than 90 days and lasts upto 365 days.
    • Non- EU/EEA citizens who do not require a visa can stay in Greece for upto 90 days within any period of 180 days after the initial entrance.

    For an easy and smooth process to get a work permit Contact Skuad now.

    Payroll and Taxes in Greece

    In Greece, the payroll contributions are mandatory on 13th and 14th salaries which include Easter (half-month salary), vacation bonus (half-month salary) and Christmas (full-month’s salary). Let us discuss in detail the taxation system of Greece.

    Tax Explanation
    Income Tax Rates
    Taxable Income (Euro) Rate
    0 -10,000 9%
    10,001- 20,000 22%
    20,001- 30,000 28%
    30,001- 40,000 36%
    40,001 - No limit 44%
    Tax Year The tax year is the year ending on December 31.
    Filing & Payment It must be filed by 30th June of the following year.
    Penalties EUR 2500 where the taxpayer fails to register or registers more than one time with the Greek tax authorities. EUR 100 in case of non-filing or late filing or filing inaccurate tax return.
    Withholding Tax (For non residents )

    Dividends: 15%
    Interest: 15%
    Royalties: 20%
    Fees for technical services: 0% or 3%

    Sales Tax 24%
    Social Security Contributions The employer contributes upto 13.33% on gross salary and employee contributes 6.67%.
    Health Insurance 4.3 % by employer and 2.15% by employee for health care.
    Public Pension Pensions in Greece are provided if you are 62 years of age or have 15 insurance years and 67 years of age.
    Employee Payroll Taxes
    6.67% Pension fund
    2.15 % Health care
    0.4% Health in benefit
    3.25% Supplementary insurance
    1.65% Additional contributions
    Employer Payroll Taxes
    13.33% Pension Fund
    4.3% Health care
    0.25% Health in benefit
    3.25% Supplementary insurance
    1.41% Additional Contributions
    22.54% Total Employment Contribution

    Incorporation: How To Set Up a Subsidiary In Greece?

    Greece allows the formation of various types of companies such as private limited company, limited liability company (LLC), partnerships, public limited company and more. Registration in Greece takes place through an electronic platform which makes the process hassle free. The process to set up limited liability company (LLC) in Greece includes the following:

    • Capital and management requirement
    • Documents of founders of the company residing in Greece
    • Documents of founders who are foreigners
    • Unique Business name
    • Articles of Association
    • Filing complete documents with identity cards and signature
    • Registering for Tax Identification Number (TIN) by filing form M3 and M7
    • Completing the process by paying fees

    Once you complete this documentation process, you can run your business in Greece by registering at the Chamber of Commerce and Industry. The last step is to get your employees registration at the Manpower Employment Organization within 30 days of hiring.

    Connect with Skaud today to know the process to incorporate entities in Greece.

    Professional Employer Organization (PEO)

    Professional Employment Organization (PEO) is a type of organization that partners with your business and provides payroll services, compliances tax filings, recruitment and more. Whereas EOR is a system in which a company offers all types of payroll solutions, tax filings and compliances by becoming a full legal employer of the payroll employee. As EOR is a legal employer, they hold the liabilities and responsibilities of the workers.

    The core difference between a PEO and an EOR can be understood through an example of insurance. In PEO, your company carries on insurance and has to opt to pay coverage under their plan while under EOR services, your employees are covered by the EOR insurance and compliances.

    Skuad's EOR solution is a good way to expand your business in Greece without setting up a separate entity. Our solutions help you to stay focused on your business and leave all business compliances, payroll processing and complete management work to us. Connect with our expert team to know more.

    Start Hiring For Free Today

    Hire and pay upto 2 contractors, for free, in 150+ countries.

    Get Started For Free